Is West Orange, NJ a good place to invest in rental property?

West Orange, NJ has a median modeled monthly cash flow of $-1,205 and a median cap rate of 3.7%, on a median sold price of $679,320. Prices changed -4.3% year over year.

What is the average cap rate in West Orange, NJ?

The median cap rate across recently sold homes in West Orange, NJ is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Orange, NJ?

The median sold price in West Orange, NJ is $679,320 (about $322 per square foot).

Investing in West Orange, NJ Real Estate

A data-driven snapshot of the West Orange, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$679,320Median sold price

$322Median $/sqft

3.7%Median cap rate

$-1,205Modeled cash flow / mo

-4.3%Appreciation YoY

2.3Months of supply

91Active listings

467Sold (last 12 mo)

What the West Orange numbers say

In West Orange, NJ, the median home sold for $679,320 (about $322 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,205 of monthly cash flow. Sold prices moved -4.3% over the past year. Inventory sits at about 2.3 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See West Orange cash-flowing listings

CashFlowRE ranks every for-sale home in West Orange, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen West Orange deals, or browse the national market data.